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USDJPY 17-1-2024

USDJPY 17-1-2024. Prices are testing the crucial resistance zone at 147.5, and it is likely that this area will limit the upward momentum. However, if the resistance zone mentioned is successfully breached and the prices establish…
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GBPUSD 17-1-2024

GBPUSD 17-1-2024. Prices are trading in a sideways range between the support zone at 1.2615 and the resistance zone at 1.2800. It is likely that prices will bounce back from these levels towards the upside. However, if the significant…
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EURUSD 17-1-2024

EURUSD 17-1-2024. Prices have broken below the sideways range, as the EUR/USD pair is trading below the resistance zone at 1.0900. It is likely that prices will test the support zone at 1.0810. However, this scenario would be invalidated…
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DOLLAR INDEX 17-1-2024

DOLLAR INDEX 17-1-2024. Prices have broken above the significant resistance zone in the range of 102.30, and in this case, the next potential target could be 104.40. This scenario would be invalidated if the prices break back below…
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A Look Upon Markets

The US dollar rose in early European trading on Tuesday, as risk sentiment was impacted by increasing tensions in the Middle East, in addition to concerns that the Federal Reserve might delay interest rate cuts. The hawkish comments from…
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NASDAQ 16-1-2024

NASDAQ 16-1-2024. The Nasdaq index is currently trading in a short-term sideways range, with prices hovering around the 16830 level. If there is a breakout above this level, the next potential target could be around 17100. However, there…
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GOLD 16-1-2024

GOLD 16-1-2024. Prices are currently trading below the crucial resistance zone at 2060, which is likely to limit the upward momentum. However, if there is a breakout above this level, the next potential target could be around 2085.…
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USDJPY 16-1-2024

USDJPY 16-1-2024. Prices are trading above the main resistance zone at 145, and in this scenario, the next potential target could be around 147.5. However, this scenario may be invalidated if prices re-break below the 145 level.…
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GBPUSD 16-1-2024

GBPUSD 16-1-2024. Prices are trading in a sideways range between the support and resistance zones of 1.2615 and 1.2800. It is likely that the previously mentioned support zone will be tested. In the event of breaking above the secondary…
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EURUSD 16-1-2024

EURUSD 16-1-2024. Prices are trading in a narrow sideways range between the crucial support and resistance zones of 0.0900 and 1.1000. It is likely that the resistance zone mentioned earlier will be tested. However, if the prices break…
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